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in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the citizens united case, which took a situation already reeking with too much money and just poured tons of it, more into it. so for members now, it's just a mad money chase all the time, which i think is demeaning to everybody and very, very unfortunate. so it's a combination of factors. many others, but those are some of them. >> so look, you've helped negotiate peace in northern ireland. i worked you worked on peace in the middle east. how does the problem here get fixed? >> well, i think in the end, in democracies it's fixed only by the people. the word democracy is a combination of two greek word
in safe seats so the crucial election is not the general election, it's the primary election, and as we know in primaries, there's low participation which gives a hugely disproportionate power to the rigid extremes on both sides. that makes it very difficult. second is the overwhelming amount of money, of all of the judicial mistakes that have been made in history by supreme courts, few in my judgment will history record as being more unwise and wrong than the supreme court decision in the...
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representative tom cole from oklahoma and congressman elect ted yoho from florida. >>> coming up, low taxes have been an article of faith among republicans for decades, but is the gop willing to take us over the cliff just to avoid a small marginal increase for the top 2%? we'll delve into the math, next. to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have ended the day not scraping some red paint off on these barriers. ♪ [ male announcer ] the all-new cadillac ats. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescript
representative tom cole from oklahoma and congressman elect ted yoho from florida. >>> coming up, low taxes have been an article of faith among republicans for decades, but is the gop willing to take us over the cliff just to avoid a small marginal increase for the top 2%? we'll delve into the math, next. to test the 2.0-liter turbo engine. [ engine revs ] ♪ [ derek ] 272 horsepower. the lightest in its class. the cadillac ats outmatches the bmw 3 series. i cannot believe i have...
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i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far ashat you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up f changing that, increased energy prices, vehicles you can drive, that the behavior changes they need in theory of the causes of things. no one signed up for that because they -- few people signed up for that, a real lifestyle change which would be measurable, financially, and in your behavior, dramatic, very people, i think, vote for that, if that was something they had to do. i don't think we'll get aing serious like that because there's not a mandate for that. >> i mean, one of the things interesting about the speech, and i realize you were not able to watch it, and i understand why. neil: harvard people listen to that. >> the comments were incenary t
i'm wondering whether it's democrats or liberals are over reading the election? i think it's safe to say there's a fair organization, -- fair argument, that raising taxes on the rich was a consequence of the election. all the other stuff is a leap. >> there's -- >> as far ashat you leverage off. >> winning by a couple points does not turn into a mandate that everybody's behavior in how they consume energy sign up f changing that, increased energy prices, vehicles you can...
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he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. people like grover norquist may not like it and republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of americans, 60%, according to a "washington post" abc news poll who favor raising taxes on folks earning more than $250,000 a year. but there are a couple other things to keep in mind, as well. president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. another thing to keep in mind is that president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced
he has the authority of an election behind him. running for office is a difficult thing to do, and the people that win the elections have a lot more moral authority in a democracy than people who talk about elections. >> ryan, that does seem to be the point. people like grover norquist may not like it and republicans may not like it, but that wasn't what this election said american people want. the majority of them. >> i think it's certainly true you have a large number of...
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to happen and we can stop worrying about it and the markets will avoid crashing with the inevitable election of president kardashian. >> the policies coming out of that administration may be better than the ones right now. >> that was hash tag smooth on that political rant. >> personal hygiene. lindsay lohan bounce. >> you don't have to worry about personal hygiene. don't shower that morning. what is the difference. >> die smelly? >> you guys have a loincloth around the house? >> i hope guy does practice personal hygiene until the 20th. >> exactly. >> jane, good to see you. jane wells joining us from the west coast. next on fast is the smart phone revolution just getting started? the most closely watched is making a bold prediction and getting a lot of play on twitter. we have your tweets next. a passionate belief, and the foundation on which merrill lynch has been built. today, our financial advisors lead from a new position of strength. together with bank of america, they have access to more resources than ever before. a steadfast commitment to help you achieve your financial goals in life
to happen and we can stop worrying about it and the markets will avoid crashing with the inevitable election of president kardashian. >> the policies coming out of that administration may be better than the ones right now. >> that was hash tag smooth on that political rant. >> personal hygiene. lindsay lohan bounce. >> you don't have to worry about personal hygiene. don't shower that morning. what is the difference. >> die smelly? >> you guys have a loincloth...
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the president believes he won the election and he upped the ante saying he wants twice as much in tax revenues than he wanted a year and a half ago. the president believes he has higher ground under this. i think maybe the democrats have a deeper trench, if you will. they have public opinion on their side. if you talk to people in washington there is a sense that at the last minute reason will prevail. there is a not a lot of optimism. you know this and my colleagues know it better than i do. more people are talking about the threat that if you don't deal with it you will send the united states back to recession and the global economy is teetering on recession. the stakes are in their political vaults. maybe they're blind to the enormous stakes. >> let me share something that struck me from pimco, the world's largest bond investor. they make informed bets on economies. here's what bill gross said about what's going on now in the u.s. he said, these structural headwinds cannot just be wished away as we move forward. whether it be to the right, the left or dead center. those are things
the president believes he won the election and he upped the ante saying he wants twice as much in tax revenues than he wanted a year and a half ago. the president believes he has higher ground under this. i think maybe the democrats have a deeper trench, if you will. they have public opinion on their side. if you talk to people in washington there is a sense that at the last minute reason will prevail. there is a not a lot of optimism. you know this and my colleagues know it better than i do....
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dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the big shot hollywood agency william morris to represent him in the next phase of his career. william morris is run by r.e.m. manuel, the brother of chicago mayor and the inspiration for the character ari goldman the
dan says, thii tax bite is why we should hold elections on april 15th. that is a great idea. it all comes together. i love hearing from you. send me an e-mail. gerri@foxbusiness.com. finally tonight, just when you thought of retiring massachusetts congressman -- congressman barney frank was stepping out of the limelight, no way. the boston globe reporting the 72-year-old democratic congressman who is set to retire in january hired the big shot hollywood agency william morris to represent him in...
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at the lowest level since president obama was re-elected. just now under that $1,700 mark. what's behind the sell-off and is this a buying opportunity? let's start talking futures now. let's start with you, you and rich have been bitten by the gold bug. are you ready to throw in the towel here? >> jackie, i'm not ready yet. usually when you see a day the dollar is as weak as it is, gold is higher. what's happening today is you're seeing a lot of profit taking on gold. it's not profit taking because we're up 9% on the year. traders are worried that some deal with the fiscal cliff will call for higher capital-gains taxes so traders are getting out of their gold positions before that might take effect. >> so profit taking, meantime, rich, what is dipping below the $1,700 mark mean? is that really the right level to be watching? >> well, we gave you the level $ $ $1,706. you're looking at $1,672. every trader will tell you it is a big level here, a close below that and there's more pain. in fact, let's watch today's close, in one hour, if we close below $1,700 i think there's m
at the lowest level since president obama was re-elected. just now under that $1,700 mark. what's behind the sell-off and is this a buying opportunity? let's start talking futures now. let's start with you, you and rich have been bitten by the gold bug. are you ready to throw in the towel here? >> jackie, i'm not ready yet. usually when you see a day the dollar is as weak as it is, gold is higher. what's happening today is you're seeing a lot of profit taking on gold. it's not profit...
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barack obama knows he just won the election so he can pretty much win this argument so right now it's a lot of posturing, a lot of chest beating, but we're all going to have a happy christmas because they're going to work this out before they go off the fiscal cliff i don't think east party wants -- on their backs if he we go off this cliff, payroll taxes go up and republicans would actually take the brunt of it. >> congressman tim cole of oklahoma said this about the situation, listen to what he said and then i'll get your take on it. >> some of our people think if we just dig in and hold strong, we can stop it, that's not is case, it happens automatically. you have to two something and going something requires the cooperation of the senate which is democrat run and the signature of the president. so we're not going to get 100% of what we want, but we can get a lot. john boehner is trying to focus this where it belongs and that's on spending restraint and excitement reform because this revenue won't come close to dealing with our fiscal problem. >> does this mean that president obama
barack obama knows he just won the election so he can pretty much win this argument so right now it's a lot of posturing, a lot of chest beating, but we're all going to have a happy christmas because they're going to work this out before they go off the fiscal cliff i don't think east party wants -- on their backs if he we go off this cliff, payroll taxes go up and republicans would actually take the brunt of it. >> congressman tim cole of oklahoma said this about the situation, listen to...
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this is his third cancer that we knew of before the elections in october in venezuela. he said he'd been cured of cancer. that the doctors essentially saved his life. it turned out that that information was incorrect and hugo chavez in a very emotional address tonight to the people of venezuela said he needed to return to cuba immediately to undergo surgery and that his life is essentially on the life. he said good-bye to venezuela, said the support of the vice president -- and hugo chavez perhaps looking at mortality in the face. >> i think it's interesting that he said good-bye to the people of cuba. should we be reading anything into that? >> reporter: i think absolutely. it's been a year and a half where hugo chavez has really spent more time in cuba perhaps than in venezuela. months and months in cuba fighting cancer. some of the speculation flying around this time about his health and he consistently has said that he was receiving very good treatment, that he was recovering. again, it seems like those reports were not accurate, that hugo chavez is someone who's ve
this is his third cancer that we knew of before the elections in october in venezuela. he said he'd been cured of cancer. that the doctors essentially saved his life. it turned out that that information was incorrect and hugo chavez in a very emotional address tonight to the people of venezuela said he needed to return to cuba immediately to undergo surgery and that his life is essentially on the life. he said good-bye to venezuela, said the support of the vice president -- and hugo chavez...
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came with the election. currently my newsletter on november 19 went positive on the market, but i still think next year will be quite a rough year. liz: 20% haircut, that is rough, what would be the catalyst for that? >> lower earnings would be the culprit. liz: your cautious move into 2013, yet you're ready to put money to work. what areas should investors be looking at to dodge any kind of real danger in their portfolio? >> you talk about apple earlier in the segment. what is happening in the broader consumer space, what has been happening for the last several weeks is moving forward into 2013, a theme we have told clients about, this is rotation away from the consumer space and into some of the other sectors that have been lagging not only for the last few months but the last one or two years. apple really isn't the only culprit, although i know it moves a large percentage of the market. liz: home-building and financials. we had a pretty graphic if we can put up so people can get a sense, why those three?
came with the election. currently my newsletter on november 19 went positive on the market, but i still think next year will be quite a rough year. liz: 20% haircut, that is rough, what would be the catalyst for that? >> lower earnings would be the culprit. liz: your cautious move into 2013, yet you're ready to put money to work. what areas should investors be looking at to dodge any kind of real danger in their portfolio? >> you talk about apple earlier in the segment. what is...
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the administration is playing what it believes to be a stronger hand here essentially coming off the election, melissa, they think they have the power here and also the polls are in their favor. we'll talk about that tomorrow when we talk about the cnbc all america survey. >> steve, thanks for that interview. exclusive with secretary geithner. let's pop and drop. canadian pacific railway up 4%. >> we didn't talk about this railroad but we talked about some of the railroads that might benefit from the strike. this is not a factor from that. the railroads are rallying. >> got a pop here for the ishares china 2025. jim? >> china broke out. a lot of people looking for ways to expose it. the china ftse. this is a place i think we're goings higher. >> gnat gas up 4%. >> got a beth of a boost. also from companies wanting to get a little more gassy. >> oh. >> well, they are. they want to get some of this natural gas offshore and i still like it. >> grasso? >> i bought mc, i bought ac steel and i bought big steel, leonard x. i've already sold all three. i've clipped my profit. i'm done for now. if the
the administration is playing what it believes to be a stronger hand here essentially coming off the election, melissa, they think they have the power here and also the polls are in their favor. we'll talk about that tomorrow when we talk about the cnbc all america survey. >> steve, thanks for that interview. exclusive with secretary geithner. let's pop and drop. canadian pacific railway up 4%. >> we didn't talk about this railroad but we talked about some of the railroads that...
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that's the ticket for admission because the president won the election and campaigned on that. the democrats are going to have to agree. they'll use euphemisms, but agree to cutting medicare and medicaid. and by the way, that means cutting for seniors and poor people and special needs kids. that is not an easy thing to ask anybody to do, let alone the democratic party. which really created these programs. this is going to be awful and gruesome, but 70 for 60 in your poll, 60% of americans want to raise taxes on well off americans. 70% don't want to cut or 80, don't want to cut medicare or medicaid, so the hard stuff is coming. this is the easy stuff. we can't even get the republicans to agree to that. >> we're out of time guys, nice to talk to you as always. i appreciate it. >>> next, violent clashes along the turkey, syria border and a new heir to the british throne is on the way. our piers morgan will explain the fuss. that's coming up next. >>> we're back with tonight's designed for men's health concerns as we age. it has 7 antioxidants to support cell health. one a day men'
that's the ticket for admission because the president won the election and campaigned on that. the democrats are going to have to agree. they'll use euphemisms, but agree to cutting medicare and medicaid. and by the way, that means cutting for seniors and poor people and special needs kids. that is not an easy thing to ask anybody to do, let alone the democratic party. which really created these programs. this is going to be awful and gruesome, but 70 for 60 in your poll, 60% of americans want...
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>> you know, after this election, this issue is so ripe for the supreme court the jurisdictions are so split in their laws, many states recognizing same-sex marriage and performing same-sex marriages. some states not recognizing them. this is the perfect scenario for the supreme court to step in and ultimately make a ruling. there are over 1,000 cases, joe, in which federal laws are impacted by marital status. the time has come. it's ripe. prop 8 was on the doorstep for the supreme court. here we go. >> avery, we were trading e-mails a little bit a while ago. one of the questions i asked you was whether the supreme court essentially gave itself an emergency escape hatch with one of the cases it chose. can you talk about that? >> late yesterday, as you know, joe, the supreme court amended its grant of review when it said, we want to know about the issue of standing. meaning does the person involved in the challenge have the right to be there in the first place. if the court doesn't then what it means in practical terms is if you don't have the right to be in court, you don't have standi
>> you know, after this election, this issue is so ripe for the supreme court the jurisdictions are so split in their laws, many states recognizing same-sex marriage and performing same-sex marriages. some states not recognizing them. this is the perfect scenario for the supreme court to step in and ultimately make a ruling. there are over 1,000 cases, joe, in which federal laws are impacted by marital status. the time has come. it's ripe. prop 8 was on the doorstep for the supreme court....
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presidential election is over. the federal reserve, by the way, will be watching to see what the fed does in terms of monetary policy. we know it will keep interest rates very low. will they have any stimulus up their sleeve? all of this are things we're still looking forward to. fiscal cliff still hanging over us. markets, at least, are telling us that we think washington will get its act together, avert the fiscal cliff and like what they see from the jobs report this morning. >> my goodness. that's optimism there. can you talk to me a little more about this job market shrinking and that maybe why the unemployment rate dropped? >> two surveys that the government takes, household survey where they call thos thousands of people at home and ask, are you working? that's the number that gives us the unemployment rate. they also talked to thousands and thousands of companies and they say how many jobs do you have? how many jobs have you added? that's how you get that net job creation number up 146,000. when the governm
presidential election is over. the federal reserve, by the way, will be watching to see what the fed does in terms of monetary policy. we know it will keep interest rates very low. will they have any stimulus up their sleeve? all of this are things we're still looking forward to. fiscal cliff still hanging over us. markets, at least, are telling us that we think washington will get its act together, avert the fiscal cliff and like what they see from the jobs report this morning. >> my...
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and post election blues. that's the subject of this evening's talking points memo many believe the president has the upper hand in the fiscal cliff negotiations. if we gopher 00 cliff republicans think they will get most of the blame. if they give in to tax hikes conservatives believe they will infuriate their base. senator rand paul even believes that since they have such little leverage in the talks of president obama. well, republicans should just get out of the way and let the democrats raise taxes as much as they want. and then let the president take responsibility for party of high taxes. now can i understand senator paul's thinking especially given the fact that the president has already announced ahead of his mano a mano meeting can john boehner that he won't concede an inch on tax cuts. this republican defeatism news broke of jim demint's departure from the senate yesterday. is he a tea party warrior and demint is a hero to part of the g.o.p.'s 2010 midterm route. now he is off to head off a think ta
and post election blues. that's the subject of this evening's talking points memo many believe the president has the upper hand in the fiscal cliff negotiations. if we gopher 00 cliff republicans think they will get most of the blame. if they give in to tax hikes conservatives believe they will infuriate their base. senator rand paul even believes that since they have such little leverage in the talks of president obama. well, republicans should just get out of the way and let the democrats...
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tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would extend the so-called bush era tax cuts for people earning less than $250,000. it requires 218 signatures. that means you've got to get some republicans to sign on. do you have any indication that any people will break from speaker boehner and sign your petition? >> i think so. i know one for example, my friend walter jones down in north carolina, said that he's open to it. i think i need 41 people now. we've got 177. i need 41 people to come forward and i think what's really interesting about this is, republicans aren't violating any pledge on this. they are assuring taxes don't go up. i see no reason why we can
tell me what you want for us to do but i don't like the idea that i was elected and my election certificate is as valid as anybody else's here not to have a say in this. i'd say to my colleagues, lets us, the people's house, take back control of this argument, come together and put something forward. >> you and others have signed on to a so-called discharge petition that would cause the house of representatives to take a vote on the bill passed in the senate some time ago that would...
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in two years there's going to be a mid-term election. no politician on either side wants to stand in front of their constituents and say vote for me because i raised your taxes and didn't do anything in washington for two years. >> l.z. granderson, will cain, got to leave it there. thanks so much. >> you bet. >>> wherever she goes, kim kardashian sadly draws a crowd. but an overseas trip for the reality tv star involving a simple thing like milkshakes might be drawing more than just fans. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. we believe the more you know, the better you trade. so we have ongoing webinars and interactive learning, plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ]
in two years there's going to be a mid-term election. no politician on either side wants to stand in front of their constituents and say vote for me because i raised your taxes and didn't do anything in washington for two years. >> l.z. granderson, will cain, got to leave it there. thanks so much. >> you bet. >>> wherever she goes, kim kardashian sadly draws a crowd. but an overseas trip for the reality tv star involving a simple thing like milkshakes might be drawing more...
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. >> how much of this has been affected by the fact that for the first time in this last election you have people going to the polls and actually voting to allow same-sex marriage as opposed to it coming from judges or legislators? >> i don't think justices sort of said the polls did "x" so i will do "y." in 1986, louis powell, the swing justice of his day, they had the first real gay rights case, and he said to his law clerk, you know, as they were sort of weighing the case, you know, i've never met a gay person. i've never met a homosexual. what is that like? now, he didn't know that law clerk himself was homosexual, but that was what the world was like in 1986, that a worldly, intelligent man could have thought that he'd never met someone who was gay. now, even the conservatives on the court couldn't possibly express a sentiment like that. and that's just reflected in how the court acts. >> what do you think -- are is there any way to read the tea leaves on this? >> based on my experience in the health care case, i am going to not do a lot of predictions because, you know, wrong is
. >> how much of this has been affected by the fact that for the first time in this last election you have people going to the polls and actually voting to allow same-sex marriage as opposed to it coming from judges or legislators? >> i don't think justices sort of said the polls did "x" so i will do "y." in 1986, louis powell, the swing justice of his day, they had the first real gay rights case, and he said to his law clerk, you know, as they were sort of...
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yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emoti
yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which...
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were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a committee assignment remark that is right. >> if he thinks this is a party discipline, he is sadly mistaken. he often knows that from his own experience as a younger time in his service in congress. charles: representative, it has been set from the beginning that the tea party not only poses an incredible threat to the senate democrats, but to establish republicans. now, representative john boehner opportunity to mitigate what they have in washington. >> well, i think what he is doing is looking at -- he is missing the point. t
were involved in the election. the tea partiers and outsiders -- i would remind john boehner that there was a time when he was the outsider that was an annoyance to the party leadership. i understand the speaker being annoyed when he has people within his caucus that are committed to a set of principles that they make it hard for him to make easy deals. but i would also remind him that people are not going to forsake their principles for something that is as insignificant and their life as a...
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yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which include wonder bread and twinkies. hostess closed last month. >> this morning the national transportation safety board confirms mexican-american singing superstar jenni rivera died from a plane crash yesterday she was one of seven onboard a private jet that went down in northern mexico. she was considered a role model to women, young people and members of the gay community. in the past year she had been working to break into the u.s. market. >>> australian deejays who pulled a prank on the british hospital that cared for duchess speaking pout for the first time. he was an emoti
yesterday's mattering was the first since election day. mr. obama is expected to reveal details when he speaks to auto work there's afternoon. >>> "wall street journal" reporting hostess used employee pension money to stay afloat as it sank deeper toward bankruptcy. it isn't clear how much money was taken from the funds. today is the final day for bidders interested in taking overwhat is left of hostess to step forward. so far 160 companies have expressed interest which...
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Dec 5, 2012
12/12
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. >>> alameda county elections officials have ended the recount of votes on a november sales tax measure. measure b-1 would have raised money for transportation projects. about 66.5% of the votes were in favor. but that's about 2,000 votes short of the two-thirds majority needed for passage. measure b-1 opponents called the recount a waste of taxpayer money. >> i think it might be a dubious legality but i'm not a lawyer so i can't speak to that. >> according to "the examiner" website, registrar dave mcdonald ended the recount last night and that's because the recount of 30,000 ballots turned up just 7 new yes votes making it unlikely the full recount would change the results. >> close though. >>> it is official. nudists no longer allowed to bare it all on san francisco streets. sorry, lawrence. the board of supervisors gave the final okay to the city's new public nudity ban. several opponents stripped naked in protest. you can hear them there. they were all escorted out of the board chambers wrapped up in blankets. the ban takes effect in february. repeat offenders could face big fines a
. >>> alameda county elections officials have ended the recount of votes on a november sales tax measure. measure b-1 would have raised money for transportation projects. about 66.5% of the votes were in favor. but that's about 2,000 votes short of the two-thirds majority needed for passage. measure b-1 opponents called the recount a waste of taxpayer money. >> i think it might be a dubious legality but i'm not a lawyer so i can't speak to that. >> according to "the...
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Dec 6, 2012
12/12
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people dead and more than 600 injured, the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that placed him above judicial oversight. >>> and a sliver of hope towards ending the syria civil war. secretary of state hillary clinton and a top russian diplomat will held a surprise meeting with the united nations peace envoy foreseers, still amid signs for for syria. >>> meanwhile germany approved sending patriot air defense missiles to turkey to protect the country against attacks from neighboring syria. mortar rounds and shells from syria have killed several turks in recent weeks. the decision on the missiles must still be approved by the german parliament. >>> it's official, recreational marijuana use is now legal in washington state. hundreds of of people showed up at the space needle to celebrate at midnight. voters approved the law last month. it only covers adults aged 21 and older. some university of washington students did their homework on the limitations. >> we know it's not l
people dead and more than 600 injured, the worst outbreak since the "muslim brotherhood" leader was elected. morsi critics began protesting two weeks ago when the president gave himself sweeping powers that placed him above judicial oversight. >>> and a sliver of hope towards ending the syria civil war. secretary of state hillary clinton and a top russian diplomat will held a surprise meeting with the united nations peace envoy foreseers, still amid signs for for syria....
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Dec 4, 2012
12/12
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. >> he was two years old when clinton was elected. he had 25 points. eleven assists. the last play of the first quarter. warriors turned it over. glen davis nails a jump shot. and magic gets momentum. harrison barnes on the rejection. clay thompson hits the shot and the warriors are up by two. but the magic did it to the warriors tonight. j.j . for three. orlando wins 102, 94 and a chance in history is denied. angel will return to the top of the san francisco batting order. he was resigned to a 44 million- dollar contract. his wife posted a picture here on twitter. and how much can this guy drink champagne right now. he's had quite a bit. the over time loss to st. louis. kaepernick will start this weekend against miami. did i mention that game's on channel 5 yet. the quarter back controversy is not over. alex smith is not out of it. rg 3 making monday night football debut verses the giants. griffin the third on the run. josh morgan recovers it and gets a touch down. washington seven to three. giants leading 16, 10. griffin roles out. and washington hangs on 17, 16. th
. >> he was two years old when clinton was elected. he had 25 points. eleven assists. the last play of the first quarter. warriors turned it over. glen davis nails a jump shot. and magic gets momentum. harrison barnes on the rejection. clay thompson hits the shot and the warriors are up by two. but the magic did it to the warriors tonight. j.j . for three. orlando wins 102, 94 and a chance in history is denied. angel will return to the top of the san francisco batting order. he was...
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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Dec 7, 2012
12/12
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KOFY
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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Dec 4, 2012
12/12
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CNBC
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. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in the meantime, let's talk about some of the other headlines. financial firms are gathering for the goldman sachs financial services contractors. a key presenter is brian money tha moynihan. we talked about his reports of planned fee increases. plus there was the issue of president obama's likely pick to follow tim geithner at treasury. we talked about how buffett threw out jamie dimon's name. here is what moynihan thinks about that idea. >> i won't give individual names, but i think what warren is expressing a view which i agree with is that we need to have very bright, very talented and very broad experienced people help pus
. >> i was so hopeful, i wasn't obviously thrilled with the election results, but i actually thought that result might be the result we needed to get thefshs done. >> in a way you you have the situation where -- >> you extend 98 but not the 2? believing that story is so -- >> either raise them on everyone or raise them on -- either it will hurt the economy if you raise taxes or it's not. on 98 it won't hurt, on 2 it will -- >> we'll have more on this argument. in...
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Dec 6, 2012
12/12
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i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if the coin flip comes up. so i think that eat big problem right now. >> i initially read the "new york times" piece about boehner gaining some backing of the house. it's basically saying the guys that wouldn't have gone along with them before in caving are now ready to careful with them. so it's like the same article. >> i think it's 50/50 that we don't get that. i'm not exactly sure that the president doesn't think that if we question over the cliff, that he can blame that on republicans. and then try to fix it next year. but from a position of money. >> secretary geithner said they're ready to go
i think the bottom line is that the president, there's wind in his sails from the election and he feels like he ought to be able to squeeze a heck of a lot out of them. and he's playing hardball. and the cost is that as you folks have noted, we definitely absolutely 100% will go into a recession if they fail. and by playing chicken like this, what the president is doing is telling people right now in december to stop their economic activity because there's this scary thing that might happen if...
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Dec 9, 2012
12/12
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KTVU
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. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the goal of creating new taxpayers, not new taxes. >>> president obama has outlined what corporations can do to help the nation celebrate his inaugural in january. while taxes pay for the swearingin, festivities are privately funded new hampshire 2009 mr. obama refused corporate donations and he is now accepting them in packages up to $1 million. . >>> former south of canpresident nelson mandela was admitted to a hospital. current president of south africa says there was no cause for alarm by the4-year-old's health. mandela spent 27 years in prison for fighting fighting apartheid in south africa. >>> two dozen teens work
. >>> president obama due on election results to say americans support his approach to prevent falling off the fiscal cliff. >> they agreed with the balanced approach that asked something from everyone, but a little more from those who can afford it the most of the it's only way to put our economy on a sustainable panel without asking even more from the middle-class. >> florida senator marco rubio responded with a call for limited government, reform in the tax code and the...
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Dec 8, 2012
12/12
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. >> the lunch took place in november 2008, a week after the election. obama won the white house. but gays and lesbians lost the right to marry in california. >> we're trying to figure out what we do next. then we thought about the idea of a possible legal challenge to proposition 8, and serendipitously, a friend of my wife's came by the table. >> the friend suggested they would find an ally in her former brother-in-law who turned out to be ted olsen, a towering figure in the conservative legal movement. so that stunned you, right? >> yes, it more than stunned me. it stunned me, but i said if this is true, this is the home run of all times. i mean, the idea that ted olsen, this arch conservative, the solicitor general for george bush who had argued bush v. gore and basically put me in bed for a couple days, i was so depressed after bush v. gore, was interested in gay rights. i thought, let's check it out. >> didn't you have any doubts about ted olsen? >> you know, they say that politics makes strange bed fellows. you don't have a stranger bed fellow than me and ted olsen. >> i was
. >> the lunch took place in november 2008, a week after the election. obama won the white house. but gays and lesbians lost the right to marry in california. >> we're trying to figure out what we do next. then we thought about the idea of a possible legal challenge to proposition 8, and serendipitously, a friend of my wife's came by the table. >> the friend suggested they would find an ally in her former brother-in-law who turned out to be ted olsen, a towering figure in the...
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Dec 7, 2012
12/12
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. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce. colby kie president obama giving his best rendition of a christmas classic. ♪ >> that is your 5@5:00. >> we can't keep up with all of these singers any more. >> the race toward the fiscal cliff without a deal in sight. we are hours away from the november jobs report. peter doocy is live in washington with more. hi, peter. >> today's unemployment effort will be the first since super storm sandy hit the east. any jobs that were lost economists are expecting a lousy report as a result of the storm. but regardless of what the number is, we are still one day closer to the fiscal cliff. even though speaker of the house john boehner's office says the lines of communication on both sides are open we know one thing is not being discussed by democrats and that one thing is extending the busheir raw tax cuts for top earners. >> oo i am not going to sign any packag
. >> nikki haley will pick demint's interim replacement and a special election will be held in 2014. >>> a christmas tree celebration now shining bright. >> 3, 2, 1. >> the first family flipping the switch to the 21 foot blue bruce. colby kie president obama giving his best rendition of a christmas classic. ♪ >> that is your 5@5:00. >> we can't keep up with all of these singers any more. >> the race toward the fiscal cliff without a deal in sight....
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Dec 6, 2012
12/12
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FOXNEWS
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not surprisingly it is the side that won the presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not happened. he said we must trans send our differences. the will of the people cannot be suppressed by angry crowds. the will of the people must not be suppressed by anger. he says he prays that god will guide them through it. and he prays that god will safeguard the repercussions of the storm. he says the egyptian people are aware of your value. i stated clearly and openly i cannot tolerate that any person perpetrate any killing or vandalism. so it sounds like he is either not in touch with what is happening or very much in touch with the fact that he set himself up as a di
not surprisingly it is the side that won the presidential election. we will be right back. >>> quarter past the hour. mohamed morsi is still speaking. he says he feels sorry for those killed on both sides in the violence around the palace. this from the live speech which is on going. the hope was certainly of western observers that this man who has made himself a dictator would back down and submit to the will of the people. at least those not of the muslim brotherhood. that has not...
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>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong in san francisco. and that includes the opinion of students here at this middle school in noe vaechlt they mailed him letters written in spanish can accusing him of racism and break up family. he wanted to meet the students face-to-face and scheduled something for friday but the school ultimately cancelled. the sheriff is disappointed. >> icap explain every one of those allegations and let them know it's not true and try to educate them that we should enforce the laws. >>reporter: ask children aren't the only ones he won't be meeting during the stay no. plans to meet with district attorney george cast again either t
>>reporter: arpaio is elected sheriff of arizona maricopa a county for 20 years best known for aggressive stand against illegal immigration. niece san francisco to speak at the california alarm association at the park 55 hotel. >> i'm a little disappointed because from new hampshire to california every time i travel to give a speech i have demonstrators. i don't see any here. >>reporter: yet despite the lack of demonstrations sentiment against sheriff arpaio position is strong...
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Dec 10, 2012
12/12
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he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising star in latin music world is dead after a small plane carrying the singer crashed to the ground. that is according to mexican police. she is a mexican american singer songwriter and reality tv show star who sold an estimated 15 million records world wide and she just won two billboard mexican music awards including female artist of the year and reportedly signed a deal with abc just days before the crash if a comedy to introduce the 43 year old star to a broader audience in the united states. critics praised her soulful voice and her openness in trying to make a better life if
he was popularly elected. it was not close. he won a substantial victory. if the military shoots anyone, that changes. president mubarak was tried, prosecuted and acquitted using the military to kill people. president morsi has ordered him tried again and again until he is convicted, the same thing that president morsi is threatening. he may not survive it biologically. >>shepard: egypt is the largest country if that region and without them, peace will be difficult to attain. a rising...